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> The whole "we need even more immigrants" is wage suppression propaganda. No, it's required to keep the pension scheme solvent.
by nicbou 3y ago
> The whole "we need even more immigrants" is wage suppression propaganda.
No, it's required to keep the pension scheme solvent.
- nickpp 3y agoAnd also to keep the low prices of German products which keeps German businesses competitive and thus Germans employed, taxes paid, etc.
- FirmwareBurner 3y agoYou're making the race to the bottom manufacturing sound like an advantage Germany should aspire to. You have it backwards.
- nickpp 3y agoI think German themselves made that race to the bottom when they selected cheap Russian gas as their main competitive advantage - as you very well noticed. Do you think German manufacturing can compete with Chinese one once salaries grow?
- FirmwareBurner 3y agoNo, but is wage dumping the long term solution? Or is that bandaid on a arterial bleed?
- FirmwareBurner 3y agoYou're describing a Ponzi scheme. Maybe the Pension pot shouldn't be dependent on quantity of people and more on amount they put in.